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Acquisitions and mergers

 

XRG completes Southern Gas Corridor equity stake acquisition

XRG has completed its acquisition of an equity stake in Southern Gas Corridor CJSC from the Ministry of Economy of the Republic of Azerbaijan, following the satisfaction of all conditions precedent and receipt of customary regulatory approvals.

 
 
 
 
 
 
 

Phillips 66 completes acquisition of EPIC NGL

Phillips 66 has announced the completion of its previously announced acquisition of EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long-haul natural gas liquids pipelines, fractionation facilities and distribution systems (EPIC NGL) for total cash consideration of approximately US$2.2 billion.